Mr. Thompson of
Mississippi introduced the following bill; which was referred to the
Committee on Ways and
Means, and in addition to the
Committee on Energy and
Commerce, for a period to be subsequently determined by the
Speaker, in each case for consideration of such provisions as fall within the
jurisdiction of the committee concerned

A BILL

To extend the authority to make grants for specified
energy property in lieu of tax credits.

1.

Extension of grants for
specified energy property in lieu of tax credits

(a)

In
general

Subsection (a) of
section 1603 of division B of the American Recovery and Reinvestment Act of
2009, as amended by section 707 of the Tax Relief, Unemployment Insurance
Reauthorization, and Job Creation Act of 2010, is amended—

(1)

by striking
or 2011 in paragraph (1) and inserting 2011, or
2012, and

(2)

in paragraph
(2)—

(A)

by striking
after 2011 and inserting after 2012, and

(B)

by striking
or 2011 and inserting 2011, or 2012.

(b)

Conforming
amendment

Subsection (j) of section 1603 of division B of such
Act, as so amended, is amended by striking 2012 and inserting
2013.

(c)

Effective
date

The amendments made by this section shall apply to property
placed in service after December 31, 2011.